Acquisitions
MJW Investments continues to aggressively expand our multifamily and student housing portfolio. We are disciplined and extremely selective in acquisitions—focusing on unique property attributes that we believe will lead to enhanced investor returns while providing downside protection.
In addition, MJW Investments includes the ability to close all cash with a short due diligence time-frame. We value long-term relationships and will protect broker’s fees.
In addition, MJW Investments includes the ability to close all cash with a short due diligence time-frame. We value long-term relationships and will protect broker’s fees.
Multifamily Acquisition Criteria
- Core-Plus and Value-Add (preferably 1990’s and newer)
- Target Markets: Salt Lake City/Provo/Ogden, Boise, Los Angeles, Inland Empire, San Diego, Bay Area, Seattle, Phoenix, Denver/Fort Collins/Colorado Springs, Austin, Nashville, and select other markets on a deal-by-deal basis
- Minimum of 30 units in Los Angeles, minimum of 50 units in other target markets (preferably 100+ units for operational efficiencies)
- Class A & B properties in desirable submarkets with strong demographics, population, and job growth
Recent Multifamily Transactions
The Ridge at Bellevue
Bellevue, Washington - 91 Units
Hidden Lake Apartments
Union City, Georgia - 320 Units
5930 Barton Avenue and 963 North Hobart Avenue
Hollywood, Los Angeles — 32 Units
450 La Fayette Park Place
Koreatown, Los Angeles — 53 Units
Renaissance Place
Bountiful, Utah - 40 Units
Coventry Square Apartments
Upland, California - 92 Units
Verraso Village
Boise, Idaho - 96 Units
Delano Apartments
Redmond, Washington - 126 Units
134th St. Lofts
Vancouver, Washington - 124 Units
Leverich Apartments
Vancouver, Washington - 30 Units
Avenue 66
Vancouver, Washington - 56 Units
Student Housing Acquisition Criteria
- Minimum 150 beds throughout the United States
- Pedestrian-oriented and no shuttles with a minimum of 20,000 students
- Prefer well-located properties with a value-add component
